What Takes Place after Hiring A Property Conveyancing Solicitor?

Hiring A Property Conveyancing Solicitor

Hiring A Property Conveyancing Solicitor

The usual practice is for the property price agreement between the buying party and the selling party. An action undertook before the buying party organizes for a survey and the solicitor representing the buyer carries out the pre-contract searches and inquiries.

The seller’s conveyancer then prepares a draft contract and sends it to the purchaser’s legal aid for approval. Property Information is also collected and made by the vendor’s property lawyer and sent to the solicitor representing the buying party.

The above actions are done in line with the National Protocol for the Law Society, Domestic Conveyancing. A conveyancing transaction takes a span of 10-12 weeks to conclude. The period is dependent on various personal, financial, legal and social factors.

In England and Wales, a land/property transaction moves to a legally binding contract the instance contracts are exchanged between the buying party and the seller. The time before the contract exchange allows either party to pull out of the transaction if they so wish.

Neither party at that point is obligated to each other. Unfortunately such a move allows the possibility of Gazundering or Gazumping.

Online SearchingHiring A Property Conveyancing Solicitor

By conducting an online search, for low cost property solicitor quotes, browsers now have the best platform quickly to find more about the whole conveyancing process. You will come across important information regarding factors that determine the right choice of selecting a conveyancing professional to help you with the property sale or purchase.

Do not shy away from exaggerated conveyancing costs. As many people would understand that you may shy away from hiring a property conveyancing solicitor due to the exorbitant fee quotes, a lot of people are happy to pay for quality services.

Most people spend more when they are confident that they will go through minimal stress during the conveyancing process. The high competitiveness and service similarity in the property law niche helps keep property conveyancing costs low.

The internet space is bountiful of information that makes it possible for browsers to conduct thorough research on conveyancing services. You now have a field that make’s sure that the solicitor you settle for is trustworthy, and one held in high esteem.

The Role Of Solicitor Conveyancer Plays In Preparing For Fast Completion

Solicitor For Fast Completion

Solicitor For Fast Completion

Some of the roles that conveyancing solicitors undertake for fast completion include;

  • Receiving the deposit from the buying party
  • Obtaining settlement figure from the current mortgage from the financier
  • Obtaining the real estate agent commission account

The solicitor also prepares a Financial Completion Statement, takes care of the Transfer Deed approval and makes arrangements for the Deed to be signed by the selling party and if need be, the buyer as well.

At the same time, the property lawyer representing the buyer will prepare for the Completion Stage by sending the Contract and deposit to the seller’s property lawyer.

The Seller’s agent will make final Bankruptcy and Land Registry searches that are a necessity when it comes to preparing for the final accounts. The same time, the buyer’s solicitor requests the balance necessary for the Completion of the transaction.

The Final StageSolicitor For Fast Completion

  • The point where the seller’s legal aid conducts duties such as;
  • Receiving Completion funds from the buyer’s legal aid
  • Paying any existing mortgage payments
  • Releasing the property keys via the estate agents

The purchaser’s property solicitor will send the remaining balance to the seller’s legal representative. He/she will also pay Stamp Duty, HM Revenue and Customs Fees. He/she will also register changes in the HM Land Registry and the Title among various things.

The solicitor also holds the responsibility of sending the Title Deeds to the financier if applicable or the buying party in the absence of a mortgage. These are demanding tasks for fast completion of the conveyancing process.

Find Local Property Solicitors Quotes

Local Property Solicitors

Local Property Solicitors

Solicitors are legal experts in fields such as; family law, criminal law, Wills and Probate law among many others. When you are purchasing or selling property, you are allowed to hire a conveyancing solicitor from another location.

Question is; is this a good idea? Below are reasons why you should consider working with local property solicitors.

Face to Face Time

The one crucial benefit of working a local solicitor. Technology has made it possible to transact on email and phone; however, a face to face meeting helps you ask questions and discuss directly and watch the reaction of the lawyer as he/she answers you.

Understand Easily

It goes without saying that local property conveyancers are easier to understand than lawyers based far away. When you meet up with your lawyer in person, you can ask clarity on critical issues instead of having to send an email and sit patiently waiting for a reply.

Travel Convenience

Picture yourself having an hour to spare during the day, and you want to utilize this time going through a few things with your legal representative. A local legal aid is the best option as you can walk/drive to their office and have a chat with them.

An email, on the other hand, could get a dissatisfactory or late reply or even spend the entire hour waiting for the phone to be answered.

Local knowledgeLocal Property Solicitors

Different parts of the country have different developments and issues that impact the legal request that you seek. By using a local conveyancer, you are sure that he/she has better knowledge of the local area.

Local conveyancing solicitors are familiar with the searches that are needed. They also know whether there are pending developments in the area you are interested.

A Personal Touch

People, who opt for a local solicitor benefit from more personal service. Reason being; a lot of property law firms set up further away, look after their clients through computer screens and files as opposed to talking with the customers directly.

Phone calls and emails are the only way they communicate with clients for regular updates.

Local Solicitors Are Responsive More

Locally based property lawyers are mostly smaller firms and more focussed on the local area as opposed to the larger, further flung property companies. An advantage of a smaller group is the devotion that is more responsive to your case.

Local solicitors conclude the conveyancing process sooner than as they are not side-tracked by any other projects.

Last Minute Hitches

In most instances; before a sale is concluded, everything needs to be signed, sealed and delivered back to the conveyancing solicitor, this is a requirement done last minute. It’s near impossible to complete the property/land transaction when your legal representative is based far away.

Home and Hospital Visitation

In many cases, you might have legal emergencies that require a visit to the place you are currently working or residing. Case in point; you may be hospitalized and realize that it’s important that you write a Will or modify an existing one.

In such a scenario, a local solicitor has the chance to come to you and assist you with the services without too much hassle.

Local Conveyancer Are Experienced Conveyancers

It is a natural thing to presume that a local lawyer is inexperienced and does not have the expertise, neither the resources to deal with a conveyancing transaction. That said, however, you might be surprised by the knowledge and know how a local firm possesses.

Expertise from far around

It’s also not good to assume that local property solicitor offices are somewhat short-staffed. People also believe that local lawyers are not able to provide the exceptional and in-depth expertise that the case warrants.

Locally based conveyancers often provide an informed advice and powerful representation in all legal fields as they can access assistance from all local agencies with ease.

Get Quotes Online

Use our site to get local property solicitor quotes from the best agencies in your region. They are fully vetted, licenced and insured with excellent customer services. Our prices are unbeatable so why not take a second of your time to complete our conveyancing quotations form at the top, for the service you require.

Hire The Services Of A Conveyancing Solicitor For Buying Property or Land

Conveyancing Solicitor For Buying Property or Land

Conveyancing Solicitor For Buying Property or Land

As you have read before on this blog, Conveyancing is the legal term defining the transfer of land or property from the selling party to the buying party.

Conveyancing also translates to encumbrance granting, an action where a mortgage or lien are examples. It is likely that you will use conveyancing solicitor for buying property or land in your lifetime.

Conveyancing law demands that as an individual is looking to buy property, it’s important that they ensure they get a legitimate and marketable title deed.

In layman’s language, the property should be sold by the real owner who possesses the right to dispose of it off, and there should be no barrier to the property’s mortgage or re-sale. In any conveyancing process, there are two major events:

The exchange of contracts: the step involves passage of a credible title, and the completion stage wherebyConveyancing Solicitor For Buying Property or Land legal title passes. Conveyancing process revolves around three main stages;

  • Before Contract Stage
  • Before Completion Stage
  • After Completion Stage

In short, you cannot afford to ignore conveyancing when you have the interest to invest in real estate. You cannot afford to ignore it because a property or land sale cannot go through without going through this step.

Conveyancing solicitors make it possible to buy and sell land or property without a lien or any other factors that affect the process. The process guarantees that before the purchase is concluded; there are zero land restrictions with public records frequently secured for authentication purposes.

Point to note: Conveyancing is a term frequently used to refer to the movement of bulky items or products such as; sewage, electricity, water or gas.

Steps in Property Buying Conveyancing Work

Property Buying Conveyancing

Property Buying Conveyancing

As impossible as it is to give a precise idea of the duration of legal work involved in property buying conveyancing; there is a possibility to offer guidelines. From having an exchange of contracts offer accepted; the process may take up to seven weeks.

But from this point to the completion stage, the duration maybe four weeks. However; should a problem arise, the time taken may be even longer.

Licensed Conveyancer/Property Solicitor Enquiries

Once you instruct a property solicitor or a licensed conveyancer in the United Kingdom, the legal aid representing the buyer will draw up a contract. The seller signs it. Before you sign it, your legal representative will go through it with a fine toothcomb to ensure that there are zero problems such as:

  • Ownership problems
  • Right of way problems
  • Access problems
  • Future developments likely to affect the property

Such an undertaking by your legal aid is known as making enquiries and searches. Below are ways that searches and enquiries are made:-Property Buying Conveyancing

Local Searches: done by the Local Authority. If you are in Northern Ireland, searches done by the relevant government agency. Searches dwell on matters affecting the property and involve the local authority in cases where there exists compulsory purchase order on the house/land.

Local searches are inclusive of queries concerning proposed changes or development in the area that are likely to affect the property. Some of these developments might include; new roads, shops or housing. During local searches, the Local Land Charges Register in the UK and Registry of Deeds in Northern Ireland are checked.

The local charges produce information regarding matters affecting the land/home such as; tree preservation orders if the house/land is set up in a conservation area or if it is a listed building.

Enquiries: undertaken by the buyer’s solicitor/conveyancer are a set of general questions about the land/home concerning; boundaries, fixtures and fitting left behind and neighbour disputes. There may also be additional questions that the conveyancer/solicitor might deem necessary.

Some of these include transferability of guarantees for repair work done on the property, etc.

Conveyancing For First Time Home Buyers Tips & Advice

Conveyancing For First Time Home Buyers

Conveyancing For First Time Home Buyers

Of-recent, an issue that has slowed down the property purchase process has cropped up. The problem is so persistent that, now buying a home is a process that is more expensive than it ought to be. In order to help boost the market a number of conveyancing for first time home buyers have been introduced.

As professionals in the property industry; we see to it that clients looking to purchase a leasehold property, example a block of flats/apartment building gets full info from the management agency.

As part of the conveyancing process, we acquire full info from the management agency oversees the building, we relay this information to our clients.

We are disheartened to report that, in a majority of cases, these firms charge exorbitant fees and take rather a longer period to respond to inquiries we made.

The Conveyancing Association, together with us; now hold the belief that a lot of people purchasing leasehold properties are not getting justice. Reason being; they are having to wait for a long time (an unnecessary situation) and end up paying very unreasonable extra costs.

At an era where the government is committed to helping citizens purchase their own homes. We highly believe that a tweak in the property law could alleviate this problem and help the housing market proceed without any expense to the public coffers.

Landlords are demanded by the law to respond to inquiries within the reasonable time, and we know for sure that placing residential management firms in the same law is a significant step forward. Such a change in the legislation of the land could help both property buyers and sellers.

First Time Buyer TipsConveyancing For First Time Home Buyers

Many will be over joyous to hear that the Government has heeded to the first-time buyers’ plight and has curved an ingenious initiative to help these consumers on the ladder.

Prime Minister David Cameron has shared with Citizens a scheme that targets around a hundred thousand first-time home buyers country wide, that are unable to raise 20% deposit that is necessary to buy property.

In the scheme, property buyers will have the opportunity of securing a mortgage on newly built homes with just 5% deposit fee. The Prime Minister and his team hopes that this action will fuel the housing market and developers now have a chance to revive stagnant sites.

Given the action plan, below are five important points that will help a first-time home buyer to smoothen their move;
I. Before you settle on a property, make arrangements to talk with an Independent Financier Adviser (IFA). Use this time to find out the exact amount of money that you can borrow. It would be disheartening to find the ideal home, but you are unable to acquire the amount required.

II. Formulate a plan for all the costs you will have to pay. On top of the monthly mortgage payments, you have to pay for bills such as;

  • Council Tax
  • Electricity
  • Water
  • Gas
  • TV License

If you are purchasing a flat, you might also have to pay a monthly service charge.

III. Take the time to shop around in search of the best deal. Look out for developers in your area that are granting buyers Government backed Deposit Schemes. Such a scheme will help you a lot. Also, look into properties and repossession in an auction.

As a matter of fact, get a survey done before you buy the repossession as this is a cheaper undertaking.

IV. You can also speak to your Parents. Many a time, parents help their children purchase their first home, and there are plenty of legal issues you ought to put into consideration before you make a purchase.

V. The instance you get an ideal home, and you place an offer that gets accepted, now look for a reputable conveyancing solicitor to help you with the conveyancing process. A lot of first-time buyers find moving a treacherous experience.

Piece of Advice: Do your best to minimize the stress that comes with buying a home by selecting a conveyancing solicitor that will report to you every step. One who acts quickly and will give you their fee upfront. Search for a lawyer that comes with the new Conveyancing Quality Standard from the Law Society.

What Do Property Conveyancing Lawyers Do?

Property Conveyancing Lawyers

Property Conveyancing Lawyers

Some of the most important tasks that people hire property conveyancing lawyers to undertake include:

  • Local and Land Charges searches.
  • Going through title deeds with a fine tooth comb to make sure that no trouble occurs.
  • Arranges payments for stamp duty.
  • Records changes with the Land Registry.

Given the tasks above, you will realize that this is a tasking job. Hence why it’s crucial that you hire a reputable, Property Conveyancing Lawyerswell-versed and affordable conveyancing solicitor.

Again; there are plenty of tasks that a property lawyer will undertake during every step of your house move. Dependent on whether the legal agent is representing the selling party or the buying party.

The instance you settle upon a sale, case in point; the solicitor representing the seller will have to work on the following aspects:

  • Apply for the title deeds.
  • Prepare a contract and attach it to a Legal Information Pack.
  • Answer additional queries from the property solicitor representing the buyer.
  • Make arrangements for the selling party to sign the contract and take part in negotiating the completion (moving) date.

The conveyancing solicitor appointed by the buying party will be extremely busy with stage one. The starting point where he/she requests the buying party to:

  • Issue him/her with funds for expenses account.
  • Receive contract and various papers from the seller’s solicitor.

Conduct Local Authority Search

The Purchaser’s property lawyer will then move forward to the second stage; “The Preparation for Completion” Stage. This is the point in which the lawyer will:

  • Prepare and send the contract to the seller’s solicitor.
  • Send the deposit amount to the vendor’s property conveyancer.
  • Prepare the Transfer, Mortgage Deed, and Stamp Duty Land Tax form.
  • Prepare the above forms for the buyer to sign.
  • Prepare the final accounts and make a request for the required balance to complete the transaction.

In the meanwhile; the property lawyer representing the seller will among other things receive the deposit and also obtain a settlement amount for the current mortgage payments from the mortgage financier. He/she will also get the selling party’s signature on any document that needs signing.

The Completion Stage

Also known as the final stage. The step where the conveyancing solicitor representing the seller receives the completion monies from the purchaser’s property lawyer. The former lawyer will then pay the real estate agent their commissions.

The seller’s agent will later hand over the complete Transfer Deed together with the necessary documents and deeds to the purchaser’s solicitor. The lawyer will finally release the property’s keys through the estate agents to the new owner.

The solicitor representing the buyer will now send any remaining balance to the seller’s conveyancing solicitor. He/she will register the changes in the Title Deed at HM Land Registry. If need be; he/she will send the Deeds to the buyer’s mortgage financier.

Cost Effective Ways to Manage Property Lawyer Conveyancing Costs

As much as you may be grateful that you are receiving conveyancing advice and guidance from seasoned industry professionals, you also do not wish to pay high prices for conveyancing services. Pricing is the number one reason people make attempts to conduct individual conveyancing services.

If you are not a legal expert, especially in this niche of the law, do not try to undertake self-conveyancing as this will only lead you to make mistakes that are expensive. You are better off looking for a reputable conveyancing solicitor and having them handle this hefty, but important task on your behalf.

You can rest easy knowing that professionals are handling it for you!

House Conveyancing Solicitor in England And Wales

Compare House Conveyancing Solicitor in England

Conveyancing Solicitors England

Whether you are working with a conveyancing solicitor or licensed conveyancer in England and Wales; as the buyer, you should find how you will pay the deposit amount. Figure out how before you reach the contract exchange stage.
The deposit you will make is mostly 10% of the amount you are paying for the property; however the percentage changes. If you are the seller; it’s possible to place a deposit on the property you are selling, covering the deposit amount of the house you are buying.

If you have a problem coming up with the deposit amount; consider borrowing the deposit from your relatives. If not; you can also try attaining a bridging loan from a financial institution.

The interest amount you pay for the bridging loan is higher; it’s important that you make calculations to see how much the bridging loan amount arrangement will cost. Discuss these options with your appointed English conveyancer or solicitor.

Property InsuringCompare House Conveyancing Solicitor in England

See to it that you make arrangements for the building insurance for the exchange date. Reason; when you trade contracts, you assume responsibility for the property.

You might be able to acquire building insurance info from your mortgage financier; conveyancing solicitors England and if you are in the UK a licensed conveyancer.

To search for a nearby CAB, including the ones that will offer you advice via email; click on the nearest CAB.

Contract Exchange

The final agreement between you (the buyer) and the seller is prepared when:

  • Your conveyancer/solicitor, together with yourself are entirely satisfied with the outcome of all queries made.
  • Any surveys reports that have been received and necessary action taken.
  • The instance the formal mortgage offer is received.
  • The 10% deposit payment arrangements are made.
  • A completion date is agreed to.

Together you and the selling party are given a copy of the final contracts that you need to sign. You have to exchange the contracts that you sign. At this stage; both trading parties are bound (legally) to the contract. The house sale now has to proceed.

Should end up dropping out of the sale; you will likely lose the deposit amount. At this point; start making arrangements for gas, electric, telephone supply and see to it that the seller has made arrangements for the final meter readings.


Purchase completion takes place for around four weeks after exchanging contracts. However; the completion can be done a little early. On the end agreement day, the following transpires:

  • Mortgage lender releases funds.
  • The property deeds are given to the conveyancer/solicitor representing the buyer.
  • The seller hands over the house keys and vacates the property via the agreed time.
  • The house solicitor in England usually sends their account to the buyer on the day of completion or after.

Compare Solicitors Based In England And Wales

Use our site to compare the whole of the UK for property conveyancer quotes. Find the best local, national and online house conveyancing companies and compare fixed fee, low cost quotes. All quoatations come with a no completion no fee service and are user rated.

Mortgage Property Conveyancing – Costs & Charges

Mortgage Property Conveyancing

Mortgage Property Conveyancing

If you are in the market buying a home, you can borrow money to purchase the property. The action of using borrowed money is known as taking a mortgage. The loan amount you are given is for a fixed period known as a term. A solicitor will handle the mortgage property conveyancing on your behalf. They carry out the checks for both the person buying and the lender.

You will, however, be required to pay interest on the loan amount. Should you fail to honour agreements, the financier has the right to take possession of the property. There are two kinds of mortgages; these are:

Repayment Mortgage

A mortgage in which the capital you borrow, you will have to pay for it gradually over the loan period. You pay the money in monthly instalments together with interest amounts. The initial amount loaned rises gradually over the years as the interest amount recedes.

Interest-only MortgageMortgage Property Conveyancing

With this kind of mortgage plan; you pay the monthly interest to the financier. As opposed to repaying the loan every month, you pay into a savings plan or long-term investment plan. Either payment method grows to the height of clearing the loan at the culmination of the mortgage term.

However, should it not grow as planned, you will have a shortfall, and you have to come up with ways of making the amount of money increase. This can cause problems when your re-mortgage the property and your costs could be more than you can afford. Many people fall into this trap and it is wise to stay clear of such types of finance.

The Various Interest-Only Mortgage Amounts

Below are the three types of Interest-Only Mortgage Amounts:

Endowment Mortgage

Made up of two parts; finance from the mortgage lender and endowment policy that you take out with an insurance agency. You pay the loan interests through monthly instalments to the lender.

However, you do not pay off the loan monthly. Endowment policy, on the other hand, is paid monthly to an insurance agency. At the end of a mortgage term, your policy will mature and will produce a lump sum that you use to pay off the mortgage lender.

There are instances, however; where an endowment policy generates additional funds. Unfortunately with such a policy, there is always a risk that it’s not likely to gather enough funds to pay off the mortgage loan at the end of the lease term.

In an instance the endowment provider warns you that your policy isn’t enough to pay off the loan amount; you should look for independent financial advice right away.

Pension Mortgage

A mortgage created majorly for the self-employed. Monthly payments come from loan interest payments and pension scheme contribution. When the borrower retires; he/she is left with a lump sum amount of money to pay off the loan and a pension.

ISA Mortgage

The final type of mortgage that demands that you pay the financier interests. You also make contributions to an ISA (Individual Savings Account) which is set up to offset the loan.

Leasehold Property Solicitor Costs

Leasehold Property Solicitor Costs

Leasehold Legal Costs

Before issuing you a quote; solicitors will always ask whether the property at hand is a freehold or a leasehold. Reason they ask is; leasehold property transactions are not as straightforward as you think they are.
Leasehold estate transactions are a time-consuming affair. Why? There are a lot of parties (chains) involved; your conveyancing solicitor will have to communicate with all the people in the leasehold property chain-link.
And with that analysis, you now understand why the fees lawyer charge for leasehold properties is higher than that of freehold properties.

Again; it’s rather an unfortunate thing that the higher leasehold property solicitor costs are not just the expenses. There are more costs that you may not know. Some of these charges include:

Service ChargesLeasehold Property Solicitor Costs

A lot of leasehold properties have shared or common areas. The tenants share costs of maintaining these areas. These such expenses are referred to as service fees. In general; a Management Company or a Commercial Agent is charged with the responsibility for collection of the service charge.

The firm handling the building may also ask you to enter into an agreement with them so that you have the responsibility for paying these fees. The agency might as well need you to pay an additional fee for lodging the agreement.

Notice Fee

After you complete the purchase process; the Management Agency or the Commercial Agency will require that you pay a lodging notice fee signifying that you are the new property owner and acknowledging a mortgage that you might have.

Acquiring A Shareholding

Many Commercial Agents and Management Agencies demand that leaseholders join as part of shareholders of the company. There some instances where you will be asked to pay a fee.

Major Works

Costs of maintenance and property improvement are shared between leaseholders and the reserve fund. The latter is held by the company (management/Commercial), who cover the costs.

There instances where the landlord might be planning to conduct major works. If there are no reserve funds, you (The Leaseholder) is left to make contributions towards the renovation costs.

Lease Extending

Should the time frame remaining is slightly under or close to 80 years, it’s important that you carefully consider the amount of money it will cost to have the lease extended. Keep in mind the fact that your financier may not be prepared to lend you finance if the remaining lease part is under a particular limit.


Make sure that you go through review clauses in the lease agreement carefully. Factor in the rent increase.

Sales Pack

Look beyond the immediate property ownership. Consider the fact that upon the property sale, you will have to pay the Management/Commercial Agency for a sellers pack. The pack carries all the buying info you need before you purchase the property.

If you are looking to resell the property in the near future, you might need to pay particular care to the seller’s pack.

Wise Words

Not every cost above may apply to your purchase. However; before you enter into a leasehold property buying spree, it’s important that you make sure the payments that you will need to make. Have a talk with your agents and legal aid, who will advise you about the leasehold property solicitor costs associated with your transaction. Get quotes from local lawyers online on our comparison site to save money.